So my 2005 LGT was totaled. A lady speeding on a 35 blew a tire and slammed right into my parked car.
Needless to say, she was held completely responsible. Her insurance company got back to me today and told me the cash settlement would come out to $9,450. She said they took into account my rims and suspension bits to up the value a little. It's sitting at about 87,000 miles. KBB has my car at $9,914 at good condition and stock.

My questions:
-Is this fair value for my car?
-If not, how can I negotiate a better cash settlement?

what state?
no, you dont have to take their offer
have you called your insurance company?
was a police report filed?
is this your only car?
talk to a lawyer and see what they can offer (consulation should be free)

I would take nothing less then 15 grand. The car had deep sentimental value to you... You did not ask to have your car totaled and be completely inconvenienced... The car is fairly rare and hard to find in good condition...

Keep in mind you don't know the mechanical condition of the LGT you may be replacing it with, so you're going to need replacement value, plus enough to get the car in proper shape, these cars can be finnicky if not maintained. Dealers in my area are selling GTs with the same mileage as you for around 15k so I would expect a little more than that to have compression, leakdown, and a couple other tests performed.

what state?
no, you dont have to take their offer
have you called your insurance company?
was a police report filed?
is this your only car?
talk to a lawyer and see what they can offer (consulation should be free)

-Illinois
-Gotcha, what would you consider fair?
-Let's say, hypothetically, I didn't. What would the benefit be to let them know?
-Police report was filed.
-I own the car, no money owed.

Nice LGT's sell for 15k all the time in the PNW. But realistically lets say $11-13k fair market value for the car, 1k for your suspension and wheels, 1k for the hassle of loosing your car and all the bullsh%$ run around.

I see the consensus is around 15k. Where are you guys getting that #? I paid nowhere near that price for the car when I first got it. That was in 2010.

KBB in my zip says that's what it's worth. Only knocks me $600 for having 10k more then you

Used car prices have risen due to cash for clunkers and the poor economy. Less people are buying new cars, thus demand for used rise as does the price. Around here you get a beat to shit civic for $9k.